Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
BELGO-LATINO from Sint-Gillis (bij-Brussel), company number BE0508893276, closed financial year 2024 with a result of € -53,853 after tax. For that financial year BELGO-LATINO recorded a gross margin of € -37,743 and equity of € -115,789. Compared with financial year 2023, the result moved from € -47,902 to € -53,853. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 30, 2025.
€ -115,789
▼ € 53,853 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -53,853
▼ 12 % more loss than in 2023
Profit after tax over the fiscal year.
€ 1,716
▼ 65% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -121,989.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 13,781
▲ € 12,944 vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 39
▼ 50% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 35,896
▲ € 29,441 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 724
▲ € 664 vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 13,293 | € -5,985 | € -45,592 | € -37,743 | ▲ € 7,849 |
| Profit after taxes | € 10,900 | € -7,218 | € -47,902 | € -53,853 | ▼ € 5,951 |
| Equity | € -6,817 | € -14,035 | € -61,936 | € -115,789 | ▼ € 53,853 |
| Total debts | € 12,135 | € 32,953 | € 71,055 | € 122,201 | ▲ 72% |
| Cash | € 3,731 | € 4,044 | € 4,943 | € 1,716 | ▼ 65% |
| Retained profit | € -13,017 | € -20,235 | € -68,136 | € -121,989 | ▼ € 53,853 |
| Balance sheet total | € 5,319 | € 18,918 | € 9,119 | € 6,412 | ▼ 30% |
Key figures of BELGO-LATINO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to BELGO-LATINO?
What happened at BELGO-LATINO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 53,853. filed late Source: NBB ↗
- GRIGOR SARKISOV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Sint-Gillis (bij-Brussel). KBO
In short
From € 10,900 profit in 2021 to € 53,853 loss in 2024.
Best year ever: 2021, with € 10,900 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind BELGO-LATINO is GRIGOR SARKISOV. GRIGOR SARKISOV is also behind M.G.M. INVEST.
Directors
According to the 2024 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Charleroise Steenweg 281
1060 Sint-Gillis (bij-Brussel)
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0508.893.276
- VAT number
- BE 0508.893.276
- Registered office
- Charleroise Steenweg 281, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- BELGO-LATINO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 2013
- Peppol
- Active · Active since 5 Dec 2024
- Activities · NACE
Cafés en bars